Lifetime Payback Guarantee®

Did you know that with other Guaranteed Life Insurance plans, you could actually end up paying in more than what is paid out?

Not with Smart Insurance - we are different! With our Smart Guaranteed Life Insurance and Smart 50 Plus Life Insurance plans we offer the unique Lifetime Payback Guarantee® which ensures that your loved ones will never get back less on a claim than the premiums paid in.

It’s smart, simple and straightforward. If you live a long life and pay in more than your benefit amount, we’ll pay out all the premiums you pay in. So you can’t lose either way: your loved ones will either get your benefit amount or the amount you pay in, whichever is more. That’s smart thinking.

With our Smart Guaranteed Life Insurance and Smart 50 Plus Life Insurance plans, you can choose a modest benefit amount which could be ideal for final expenses and funeral costs or opt for a more substantial benefit amount to help provide financial protection for your family’s needs such as mortgage repayments and household bills. With no medicals or blood tests required to apply, we will offer you guaranteed acceptance, as long as you’re a UK resident aged 30-79. By choosing one of our Guaranteed Life Insurance plans you’re helping to secure your family’s future just when they need it the most.

You’re immediately covered for accidental death and after 24 months, you’ll be covered for death by any cause. Why not cover your partner too! We can cover you and your partner if you choose to go for a joint policy, and you can each apply for individual benefit amounts so there is a pay-out for each life insured.

You can’t predict your future, but you can add certainty to theirs. So choose Smart Insurance with the Lifetime Payback Guarantee®.

For your financial protection

Whenever you see the Lifetime Payback Guarantee® logo you can be sure that your life insurance policy is offering the new standard in protection and financial security.

You’ll be joining thousands of consumers who have opted for a life insurance policy that guarantees fairness.

Some life insurance policies actually pay back less than customers have paid in over their lifetime.

With the protection of the Lifetime Payback Guarantee® you can have the peace of mind that your loved ones will receive your cover amount or the total premiums you’ve paid in – whichever is more.

The protection of the Lifetime Payback Guarantee® applies if you continue your policy for life and will only reduce in value if you reduce your benefit amount.

How does the Lifetime Payback Guarantee®work?

Samantha*, aged 47, buys a Smart Guaranteed Life Insurance policy with a benefit amount of £2,000. Her monthly payments are £5.71. By the time Samantha is 77, she will have paid more in premiums than her selected benefit amount, but thanks to the Lifetime Payback Guarantee® when Samantha passes away her loved ones will get an amount equal to at least all the premiums paid. For example, if Samantha passes away aged 80, her loved would receive £2,261.16 instead of the original benefit amount of £2,000.

*Samantha is a fictional character used for product explanation purposes only. Pricing is accurate based on Samantha’s age and benefit amount, and Lifetime Payback Guarantee® amount based on 33 years premiums paid.

John*, aged 55, buys a Smart 50 Plus Life Insurance policy with a benefit amount of £10,000. His monthly premiums are £36.34. By the time John is 78 he will have paid more in premiums than his selected benefit amount, but thanks to the Lifetime Payback Guarantee® when John passes away his loved ones will get an amount equal to at least all the premiums paid. For example, if John passes away aged 87, his loved ones would receive £13,954.56 instead of the original benefit amount of £10,000.

*John is a fictional character used for product explanation purposes only. Pricing is accurate based on John’s age and benefit amount, and Lifetime Payback Guarantee® amount based on 32 years premiums paid.

Flexibility Without Fees - apply to increase or decrease monthly premiums without any additional administration charges

Guaranteed No Increases - fixed monthly premiums let you plan for the future knowing the cost will never increase

Guaranteed Immediate Cover For Accidental Death - plus death by any cause after 24 months

Guaranteed 3 Times Your Benefit Amount Up To £60,000 - if death is due to an accident

99% Of All Life Insurance Claims Are Paid - Scottish Friendly approved and paid 99.9% of all life insurance claims received in 2015

Will Kit Included - with every policy to help get your affairs in order

Worldwide Cover - you are covered anywhere in the world

Feefo 5-Star Rated Call Centre - based here in the UK

Remember - No other insurance provider offers you the Lifetime Payback Guarantee®.

Backed by 150 years’ experience:

Smart Insurance products are provided by one of Scotland’s longest standing Life Insurers of over 150 years - Scottish Friendly Assurance Society Limited, so you can be confident knowing that your policy is backed by a respected and secure organisation.

How do I apply?

Call us on 0333 321 9161 and one of our experienced agents will walk you through completing a simple application form - Remember, acceptance is guaranteed if you’re a UK resident aged 30-79.

Reviews from our customers

“
Very informative and helpful adviser. Answered all my questions.
”

Michelle, April 2016

“
The young lady that contacted me answered all my questions and concerns. She was extremely pleasant and a pleasure to deal with.
”

Roger, April 2016

“
Really good price. Left me leaving with a good peace of mind that I am covered for life.
”

Daniel, April 2016

Considerations

There is no cash-in value at any time

Ensure you choose enough benefit amount, as inflation may reduce its buying power over time

The protection of the Lifetime Payback Guarantee® applies if you continue your policy for life and will only reduce in value if you reduce your benefit amount

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Smart Insurance® is a trading name of Neilson Financial Services Limited which is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services register www.fsa.gov.uk/register/ under reference 594926. Neilson Financial Services Limited. Registered in England and Wales. Number 07986483. Registered Office: Landmark Place, Windsor Road, Slough, Berkshire SL1 1JL. All products are arranged by Smart Insurance and issued, underwritten and administered by Scottish Friendly Assurance Society Limited which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under reference 110002, with permission to effect and carry out contracts of insurance.